Unsecured Interest Coverage Sample Clauses

Unsecured Interest Coverage. As at the end of any fiscal quarter, the ratio of Consolidated Unencumbered NOI, as calculated for such quarter, to Consolidated Unencumbered Interest Expense, as calculated for such quarter, shall not be less than 1.75 to 1.0.
Sample 1Sample 2Sample 3See All (9)
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Unsecured Interest Coverage. (i) Adjusted Unencumbered NOI $_____ (ii) Unsecured Interest Expense $_____ (iii) (i) / (ii)
Sample 1Sample 2See All (4)
Unsecured Interest Coverage. Consolidated Unencumbered NOI to Consolidated Unencumbered Interest Expense shall not be less than 1.75x Consolidated Unencumbered Interest Expense (P) Unsecured Interest Coverage Ratio (O / P) Test 1.75 to 1.00
Sample 1Sample 2
Unsecured Interest Coverage. Maintain the ratio of the Adjusted Net Operating Income to Unsecured Interest Expense at a level equal to or excess of 1.75 to 1.0.
Sample 1Sample 2
Unsecured Interest Coverage. Adjusted Unencumbered NOI $ ( a ) Unsecured Interest Expense $ Ratio ___% Covenant: Not less than 1.75 to 1.0
Sample 1
Unsecured Interest Coverage. Maintain the ratio of the Adjusted Net Operating Income for all Pool Assets to Unsecured Interest Expense at a level equal to or excess of 1.75 to 1.0. (b) Paragraph (i) of such Section 6.12 is hereby deleted for all purposes. (c) The following sentence is added to the end of such Section 6.12: Notwithstanding anything to the contrary, to the extent that Borrower or any of the Guarantors enters into (or amends) any Unsecured Indebtedness subject to a more restrictive version of any of the forgoing covenants, then the applicable covenant as set forth herein shall be deemed amended to such more restrictive level as of the effective date of the applicable financing and shall remain in effect until such Unsecured Indebtedness is paid in full.
Sample 1
Unsecured Interest Coverage. Maintain (i) the ratio of Adjusted Net Operating Income for Pool Assets to Unsecured Indebtedness at a level equal to or in excess of 10.5% and (ii) the ratio of the Adjusted Net Operating Income for Pool Assets to Unsecured Interest Expense at a level equal to or in excess of 1.75 to 1.0.
Sample 1
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Unsecured Interest Coverage. Unencumbered Interest Expense shall not be less than 1.75x Consolidated Unencumbered Interest Expense (O) Unsecured Interest Coverage Ratio (O / N) Test
Sample 1
Unsecured Interest Coverage. Maintain the ratio of the Adjusted Net Operating Income for all Pool Assets to Unsecured Interest Expense at a level equal to or excess of 1.75 to 1.0. Notwithstanding anything to the contrary, to the extent that Borrower or any of the Guarantors enters into (or amends) any Unsecured Indebtedness subject to a more restrictive version of any of the forgoing covenants, then the applicable covenant as set forth herein shall be deemed amended to such more restrictive level as of the effective date of the applicable financing and shall remain in effect until such Unsecured Indebtedness is paid in full.
Sample 1

Related to Unsecured Interest Coverage

  • Interest Coverage The Company will not permit the ratio of Consolidated Adjusted EBITDA to Consolidated Interest Expense (in each case for the Company’s then most recently completed four fiscal quarters) to be less than 2.50 to 1.00 at any time.

  • Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.00 to 1.00.

  • Minimum Interest Coverage The Borrower will not permit the ratio of EBITDA to Consolidated Interest Expense as at any fiscal quarter end for the four fiscal quarters then ending to be less than 3.00 to 1.0.

  • Minimum Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.25 to 1.00.

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Debt Coverage Ratio Borrower shall not permit, as of the last day of any fiscal quarter of Borrower, the Debt Coverage Ratio to be less than 1.75 to 1.00.

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.

  • Subordinate Certificate Loss Coverage; Limited Guaranty Subject to subsection (c) below, prior to the later of the third Business Day prior to each Distribution Date or the related Determination Date, the Master Servicer shall determine whether it or any Sub-Servicer will be entitled to any reimbursement pursuant to Section 4.02(a) on such Distribution Date for Advances or Sub-Servicer Advances previously made, (which will not be Advances or Sub-Servicer Advances that were made with respect to delinquencies which were subsequently determined to be Excess Special Hazard Losses, Excess Fraud Losses, Excess Bankruptcy Losses or Extraordinary Losses) and, if so, the Master Servicer shall demand payment from Residential Funding of an amount equal to the amount of any Advances or Sub-Servicer Advances reimbursed pursuant to Section 4.02(a), to the extent such Advances or Sub-Servicer Advances have not been included in the amount of the Realized Loss in the related Mortgage Loan, and shall distribute the same to the Class B Certificateholders in the same manner as if such amount were to be distributed pursuant to Section 4.02(a).

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